Title : What Would Be The Impact Of A War Over Taiwan?
link : What Would Be The Impact Of A War Over Taiwan?
What Would Be The Impact Of A War Over Taiwan?
Grant Newsham, Asia Times: Taiwan war: global economic, psychological damage
Think of the empires that ruled most of the world in 1914, and their decline into rubble by the end of 1918
Besides the human toll and physical damage to Taiwan and the likely staggering casualties on all sides, the global economic and financial ripple effects of a war for Taiwan will be immense and long-lasting.
It is not hyperbole to suggest the world will be unrecognizable afterwards: think of the powerful empires that ruled most of the world in 1914, and their decline into rubble by the end of 1918.
China is so deeply integrated into the world economy – given its position as a manufacturing hub and exporter as part of global supply chains and as a huge consumer of many nations’ raw commodities – that serious disruptions to global economic activity are unavoidable.
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WNU Editor: A sobering read on the consequences of a China - Taiwan war.
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